Latest tagged Bitcoin

New York is the first state to is the first to propose separate regulations for virtual currencies like Bitcoin. Genius annotations highlight questions about the regulations, clarify vague sections, and detail which payment processors will be affected.

The insightful annotations on Bitcoin: A Peer-to-Peer Electronic Cash System, Satoshi Nakamoto’s seminal paper that describes the Bitcoin currency and solves the problem of double spending so as to prevent the currency from being copied, are a great example of how the Genius platform can be used to explain Bitcoin to potential investors, government agencies, and other interested parties.

The Genius Community, Balaji Srinivasan, and Marc Andresseen go line-by-line through the article that purported to identify the author of Bitcoin as an actual man in California named Dorian Satoshi Nakamoto. Written by Leah McGrath Goodman, the article was published on the cover of the reissued Newsweek and turned out to be severely flawed and inaccurate.